Preparing an Income Statement

The income statement, also known as the Profit & Loss Statement, shows all revenue and expenses for a designated period of time. You won't see individual transactions on this report, but you can drill down with a couple of mouse clicks to see the detail that supports each amount on this report.

Prepare an Income Statement

Select Company & Financial from the Reports menu.

Select Profit & Loss Standard from the side menu.

Click the arrow to select a time period for this report.

Alternatively, enter a specific range of dates.

Click the Export button and then select A New Excel Workbook to transfer the report to Excel. For example, you might want to run some what-if scenarios or manipulate the numbers in ways not available in QuickBooks.